These group level figures include funds of funds that mainly invest in external funds (those run by other groups) or overseas funds. However, figures exclude funds investing in internal funds (i.e. those run by the same group) to avoid double counting of fund assets at group level.
This explains why the sum of the group level figures for funds under management is different to the totals shown in other reports (except in the case of ISA reports).
These figures include UK domiciled funds only.
**Data is uploaded approximately three months in arrears**
Most recent data available: November 2023
| Company | Retail Funds Under Management | Rank |
|---|---|---|
| M&G Securities Limited | 62,370,812,712 | 1 |
| BlackRock Investment Management (UK) Limited | 46,699,480,509 | 2 |
| Invesco Perpetual | 40,804,050,591 | 3 |
| Threadneedle Investment Services Ltd | 34,780,098,852 | 4 |
| BNY Mellon Fund Managers Limited | 30,272,593,348 | 5 |
| Fidelity Worldwide Investment | 29,787,319,496 | 6 |
| Henderson Global Investors | 27,441,995,272 | 7 |
| Jupiter Unit Trust Managers Limited | 27,179,136,401 | 8 |
| Legal & General (Unit Trust) Managers Limited | 24,149,198,961 | 9 |
| Schroder Unit Trusts Limited | 23,348,347,597 | 10 |
| First State Investments (UK) Ltd | 18,809,020,045 | 11 |
| Capita Financial Managers Limited | 18,154,461,865 | 12 |
| Aberdeen | 17,716,982,324 | 13 |
| Standard Life Investments Ltd | 17,477,806,466 | 14 |
| Artemis Fund Managers Ltd | 16,186,886,315 | 15 |
| Aviva Investors UK Fund Services Limited | 16,136,827,997 | 16 |
| HSBC Global Asset Management (UK) Limited | 15,877,690,676 | 17 |
| HBOS Investment Fund Managers Limited | 13,666,594,473 | 18 |
| J.P. Morgan Asset Management | 12,785,520,787 | 19 |
| Old Mutual Investment Management Limited | 12,552,087,573 | 20 |
| AXA IM UK Limited | 11,905,700,516 | 21 |
| Scottish Widows Unit Trusts Managers | 8,959,376,903 | 22 |
| Fundsmith | 8,464,676,502 | 23 |
| Investec Asset Management Ltd | 8,335,506,870 | 24 |
| Baillie Gifford & Co Limited | 7,365,779,582 | 25 |
| Kames Capital | 6,571,515,762 | 26 |
| BMO Global Asset Management | 6,264,093,270 | 27 |
| Hargreaves Lansdown | 6,144,283,186 | 28 |
| Fund Partners Limited | 5,088,680,536 | 29 |
| Majedie Asset Management Ltd | 5,037,467,881 | 30 |
| Royal London Unit Trust Managers Ltd | 4,927,311,465 | 31 |
| J O Hambro Capital Management Group | 4,831,281,068 | 32 |
| Premier Portfolio Managers Ltd | 4,691,551,297 | 33 |
| Marlborough Fund Managers Limited | 4,675,890,697 | 34 |
| Maitland Institutional Services Limited | 4,016,102,269 | 35 |
| Liontrust Fund Partners LLP | 3,936,078,133 | 36 |
| Santander Asset Management (SAM UK) | 3,483,349,060 | 37 |
| Architas Multi-Manager Limited | 3,404,362,355 | 38 |
| RLUM Ltd | 3,373,739,631 | 39 |
| Rathbone Unit Trust Management Limited | 3,233,031,283 | 40 |
| Close Asset Management (UK) Ltd | 3,220,096,471 | 41 |
| Thesis Unit Trust Managers | 3,142,858,933 | 42 |
| Neptune Investment Management Ltd | 2,937,937,317 | 43 |
| Virgin Money Unit Trust Managers Limited | 2,780,572,068 | 44 |
| Franklin Templeton Funds | 2,630,275,852 | 45 |
| Baring Fund Managers Limited | 2,604,103,510 | 46 |
| RBS Collective Investment Funds Limited | 2,384,935,518 | 47 |
| Legg Mason Investment (Funds) Limited | 2,367,301,965 | 48 |
| Investment Fund Services Limited (IFSL) | 2,302,110,410 | 49 |
| Smith & Williamson Investment Management | 2,085,458,891 | 50 |
| Allianz Global Investors | 2,045,489,603 | 51 |
| Margetts Fund Management Ltd | 1,775,025,042 | 52 |
| Lazard Fund Managers Limited | 1,747,891,637 | 53 |
| T. Bailey Fund Services Limited | 1,695,984,665 | 54 |
| Alliance Trust Asset Management Limited | 1,631,737,032 | 55 |
| Sarasin & Partners LLP | 1,339,679,128 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,325,643,887 | 57 |
| River & Mercantile AM | 1,318,210,908 | 58 |
| SLTM | 1,072,915,380 | 59 |
| GAM | 1,070,202,336 | 60 |
| Morgan Stanley Investment Management Ltd | 1,066,115,499 | 61 |
| McInroy & Wood Portfolios Ltd | 1,026,557,351 | 62 |
| EdenTree Investment Management Limited | 1,004,125,656 | 63 |
| Barclays Asset Managers Limited | 964,535,506 | 64 |
| NFU Mutual Unit Managers Ltd | 954,271,430 | 65 |
| Unicorn Asset Management Limited | 819,059,691 | 66 |
| City Financial Investment | 572,381,578 | 67 |
| Valu-Trac Investment Management Ltd | 499,679,839 | 68 |
| Natixis Global Asset Management | 474,752,708 | 69 |
| COURTIERS Investment Services Limited | 446,813,743 | 70 |
| UBS Global Asset Management Funds Ltd | 427,707,318 | 71 |
| Host Capital Limited | 426,195,387 | 72 |
| Omnis Investments Limited | 425,343,068 | 73 |
| Stonehage Fleming Investment Management Limited | 409,110,510 | 74 |
| MT Capital Management Limited | 407,271,346 | 75 |
| SVM Asset Management Ltd | 366,119,006 | 76 |
| Phoenix Unit Trust Managers | 278,302,523 | 77 |
| Carvetian Capital Management Limited | 238,874,583 | 78 |
| Aberforth Unit Trust Managers Limited | 199,982,973 | 79 |
| OneFamily | 194,807,801 | 80 |
| Scottish Friendly Asset Managers Ltd | 156,968,676 | 81 |
| Sharefunds Ltd | 134,336,029 | 82 |
| Wesleyan Unit Trust Managers Ltd | 110,634,568 | 83 |
| Consistent Unit Trust Management Co Ltd | 84,619,677 | 84 |
| Man Fund Management UK Limited | 49,293,945 | 85 |
| Orbis Investment Management (Luxembourg) SA | 46,337,243 | 86 |
| Clerical Medical | 42,485,209 | 87 |
| Querns Asset Managers | 13,538,005 | 88 |
| Manek Investment Management Ltd | 11,755,862 | 89 |
